Friday, December 18, 2015

Comfy with your current mortgage?

Something to think about while you are maxing out your credit card this Christmas :)

4 Economic Shifts That Could Push Australian Interest Rates Higher
https://www.propertyinvesting.com/4-economic-shifts-that-could-push-interest-rates-higher



Great reminder that mortgage debt is generally for 20-30 years...... and that volatility can change in an instant so only borrow based on risks you can pay to get yourself out of.

Of course.....understand that if you are under leveraged.....the government can "inflationise" your net worth dramatically each and every year to the tune of 2% min up to 10% and anyone under-leveraged suffers this government induced theft by not being fully risk on invested.

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